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World Bank gives Zambia $25m to fight COVID-19

The World Bank on Friday gave Zambia 25 million U.S. dollars to help the country respond to the COVID-19 pandemic. The announcement was contained in...

World Bank president commends FG for removing fuel subsidy

Mr David Malpass, President of the World Bank Group, has commended the Federal Government for removing subsidies on petroleum products. He said this in Washington...

World Bank/IMF to undertake joint action plan on debt reduction for...

The World Bank and International Monetary Fund (IMF), have proposed to undertake a joint action plan on debt reduction for the most indebted International...

World Bank approves $12bn for developing countries to buy COVID-19 vaccines,...

The World Bank on Wednesday approved 12 billion dollars to help developing countries buy COVID-19 vaccines and treatments, the organisation said in a statement. “The...

AfCFTA: World Bank economist urges full rollout of AU passport

World Bank’s Chief Economist on Africa, Dr Albert Zeufack, has urged full roll out of the African Union passport without further delay. Zeufack made the...

Debt burden of least developed countries hit $744 bn in 2019-...

The World Bank says the total external debt of Debt Service Suspension Initiative (DSSI)-eligible countries climbed to 744 billion dollars in 2019, an increase...

COVID-19: FG, states, World Bank brainstorm on inclusive economic recovery agenda

To mitigate the impact of COVID-19 on infrastructure, MSMEs and vulnerable Nigerians, critical stakeholders at a two-day retreat converged to evolved strategies for transparency...

Africa should prioritise policy actions, investments for inclusive jobs – World...

The World Bank Group has advised African governments to prioritise policy actions and investments that will address the challenge of creating more inclusive jobs...

COVID-19: World Bank to assist developing countries resume growth

The World Bank Group has said that it will help developing countries resume growth and respond to the health, social, and economic impacts of...

World Bank extends dateline for closure of community, social devt project

The World Bank has approved the extension of its funding support to the implementation of the Community and Social Development Project (CSDP) in Nigeria. Malam...

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